Is it possible to save money on a used car?
As lockdown eases, we’re noticing more of our members are borrowing with us to finance the purchase of a car.
After all, having your own personal bubble to get from A to B is less risky than using public transport.
Here are 5 things to look out for when buying a used car…
Have a look at the tyres to see what condition they are in, not forgetting the all important 20p test!
2. Clutch & gearbox
Test drive to get a handle on the ease of gear changes & listen out for any unusual sounds.
Check the outside of the car, open doors & use a torch or get it on a ramp if you can, to get a good look underneath as well.
Inspect for leaks, check the oil level & smoke from the exhaust.
5. Inside the car
Open the boot for spare wheel & check that the locking wheel nut key is there as well. Read the mileage on the dashboard to ensure it matches with service book record & watch out for any sensor lights on the dash that don’t disappear when you turn engine on !
Here are some great (official government) tips on how to check what the owner is saying about the car matches what the DVLA have on record, the MOT status, and whether the car has been recalled.
Following these basic checks could help you save money on a used car in the long run! Good luck !
Finally, here are some tips on how to pay less when borrowing for a car.